Property Overview: 395 Truro Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1950, presents a practical opportunity in the established Deer Lodge neighbourhood. Its key appeal lies in its balanced, middle-of-the-road metrics, offering a solid foundation without extreme highs or lows. The living space (1,137 sq ft) is comfortably above average for its immediate street and is paired with a renovated basement, adding functional space. A notable characteristic is the land size (4,381 sq ft), which is generous for the street itself, offering more outdoor space than many direct neighbours—a valuable asset for gardening, play, or future expansion.
The home’s assessed value positions it as a more accessible entry point within the broader Deer Lodge area, suggesting potential for buyers mindful of both property taxes and initial investment. It would suit first-time buyers or downsizers seeking a manageable, updated property in a quiet, mature area. Its appeal is for those who value a character home with practical updates, a decent private lot, and a location free from the premium pricing of more prominent lots in the neighbourhood, while still benefiting from the area’s amenities and stability.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to the area?
The assessed value is below the average for the broader Deer Lodge neighbourhood, which can indicate a relatively lower property tax burden and an accessible price point for the area.
2. Is the lot size typical?
The lot is above average for Truro Street itself, providing more private outdoor space than many neighbouring properties. However, it is smaller than the average lot for all of Deer Lodge.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specific details on the finish, permits, or moisture control should be verified with the seller or a home inspector.
4. How does the living space feel for a family?
At 1,137 sq ft plus a finished basement, the home offers space comparable to many in the city. Its one-and-a-half storey layout typically places bedrooms upstairs, which families should view in person to assess room sizes and flow.
5. The home was built in 1950. What should I consider?
While the basement has been renovated, a professional inspection is recommended to review the condition of core systems (roof, wiring, plumbing, foundation) common to homes of this era, as updates can vary.